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Mar 21, 2013
03/13
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not doing quite as well as the dow when you take a look at the ford. but generally speaking, the bottom line is this. cars are going to continue going up in price. no one's expecting that to stop. so you have to see how you can fit it into your monthly budget. >> phil, i'm in the market for a car. have never bought a new car. i've been sniffing around, looking at domestically made suvs. i can't believe it. i get an suv because i need to tow a trailer, i'm at $50,000 before i know it. i'm sorry, i can't paid 50 grand for a car. i just can't do it. >> and i think people will be surprised that we'll continue to see the prices rise. that demand is really what's going to be driving it in the future. >> do they make more money or are the margins the same and the input costs are higher? >> the margins increase when you factor in things like in infotainment options. people say, if i'm going to spend that money, what kind get the upgrade to all the features i want. >>> well, solar power was forced into bankruptcy after defaulting on a multi-million bonds agreem
not doing quite as well as the dow when you take a look at the ford. but generally speaking, the bottom line is this. cars are going to continue going up in price. no one's expecting that to stop. so you have to see how you can fit it into your monthly budget. >> phil, i'm in the market for a car. have never bought a new car. i've been sniffing around, looking at domestically made suvs. i can't believe it. i get an suv because i need to tow a trailer, i'm at $50,000 before i know it. i'm...
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Mar 19, 2013
03/13
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ford was the worst performer.. its new car sales sunk nearly 21%. u.s. rival gm not far behind with a 20% drop amid ongoing weakness for the industry earlier this year after what was a dismal 2012 with sales hitting a 17-year low. auto shares are taking it on the chin. shares in british super market chain are trading higher after fourth quarter sales topped analyst forecasts. like-for-like sales up 3.6% on the year. you can see shares up about 2.9%. speaking earlier on cnbc, the ceo saying for his nonfood business was a major driver of growth. >> saying today that our total business is growing at 3.6% in the last quarter, but our nonfood business growing at three times that rate. that is i think an extraordinary strong performance against a tough market back drop. and shares up almost 3%. stick around. straight ahead on the program, we're going live on the ground in italy as the nation prepares for talks to form a government after last month's elections left the country mired in a dead lock. plus, the latest fallout from cypress. we'll be right back. are
ford was the worst performer.. its new car sales sunk nearly 21%. u.s. rival gm not far behind with a 20% drop amid ongoing weakness for the industry earlier this year after what was a dismal 2012 with sales hitting a 17-year low. auto shares are taking it on the chin. shares in british super market chain are trading higher after fourth quarter sales topped analyst forecasts. like-for-like sales up 3.6% on the year. you can see shares up about 2.9%. speaking earlier on cnbc, the ceo saying for...
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Mar 15, 2013
03/13
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get this, boeing, gm and ford already lobbying to change the fees. listen to this. so is the uaw and a whole bunch of unions. they are going to have to pay the fees because they are health care providers. let's go to grace marie turner, jimmy williams and michelle caruso-cabrera. grace, do we have that right? the unions are lobbying against this because they are going to have to pay this thing. >> opportunemones thought they were going get all these new members by having people forced to purchase health insurance and organize these workers. every time you turn around wait a minute we don't want this. we want a waiver from these early provision. we don't want to pay this tax. we don't want to pay this fee. we don't want to pay these other 19 taxes that are coming. every single one of these tax. a trillion dollars in taxes. >> this is an insurance company shakedown is it not? they got extra costs because they have these mandates to put on, pre-existing conditions. this is an insurance company shakedown. >> it's an insurance company shakedown but the medical device mak
get this, boeing, gm and ford already lobbying to change the fees. listen to this. so is the uaw and a whole bunch of unions. they are going to have to pay the fees because they are health care providers. let's go to grace marie turner, jimmy williams and michelle caruso-cabrera. grace, do we have that right? the unions are lobbying against this because they are going to have to pay this thing. >> opportunemones thought they were going get all these new members by having people forced to...
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Mar 14, 2013
03/13
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. >> i lived in a ford fairmont. you save a lot on a homeowners insurance. other than that, i'd rather be in a toll. david novak lived in his car. >> as did you. >> with norman. >> norman was the most -- he was completely asexual. he wasn't exactly what you paid for. okay? >> no norman juniors. >> you turn on the barry white or nothing? nothing worked? >> norman had the least drive of anyone i had ever seen. this is like the luxury index. he was the lowest cost rental. it's true, david, you get what you pay for. i mean this guy could not have been less interested in fine touch or ambush, the two i thought maybe he would have a good time with. >> fine touch. >> and ambush. >>> here comes the mad dash. find out if things are worth your money. another look at futures as we attempt to extend our winning streak. right now the dow is up 27. more "squawk on the street" straight ahead. with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evalu
. >> i lived in a ford fairmont. you save a lot on a homeowners insurance. other than that, i'd rather be in a toll. david novak lived in his car. >> as did you. >> with norman. >> norman was the most -- he was completely asexual. he wasn't exactly what you paid for. okay? >> no norman juniors. >> you turn on the barry white or nothing? nothing worked? >> norman had the least drive of anyone i had ever seen. this is like the luxury index. he was the...
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Mar 18, 2013
03/13
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morgans of the ford. if you fear cyprus, why where will you go? geneva, london or new york? >> it went to 38 last week. i thought it should be at 36. banco santander. those are the natural runs and we always hear about that, look, you can craft any negative scenario you want. last may, we thought the spanish banks would go under, okay? i was speaking to you during the break. what was the single best investment after last may? what was the single best thing to buy? banco santander, but we forget that and we decide they're just a bunch of jockers again. let's start all over. francisco is still there. >> this will be a great test of the bull market run, won't it be, jim? you have the markets open and trading for the rest of the day. whether or not we bounce and whether or not the buyers will step into the weak, u.s. financial which is at pre-market trade are indicating more than 1% lower across the board. >> how can they be so aggressive. these things were up so huge last week and you buy them now and bernanke sneezes and you have the negative people who want this market down s
morgans of the ford. if you fear cyprus, why where will you go? geneva, london or new york? >> it went to 38 last week. i thought it should be at 36. banco santander. those are the natural runs and we always hear about that, look, you can craft any negative scenario you want. last may, we thought the spanish banks would go under, okay? i was speaking to you during the break. what was the single best investment after last may? what was the single best thing to buy? banco santander, but we...